bennett Posted September 10, 2015 Share Posted September 10, 2015 Looks like this Worthington Group PLC lot have bought Law Financial Limited from Craig Whyte and have plenty of money to fight their / Whyte's corner! http://www.telegraph.co.uk/sport/football/teams/rangers/11129371/Rangers-facing-new-legal-threat-as-Worthington-Group-recovers.html Plenty of money, have you seen their office lol 0 Quote Link to comment Share on other sites More sharing options...
superseagull Posted September 10, 2015 Share Posted September 10, 2015 Looks like he reckons he should get everything and the creditors nothing http://www.bdo.co.uk/__data/assets/pdf_file/0006/1354092/RFC-2012-Plc-update-to-creditors-02-09-15.pdf 0 Quote Link to comment Share on other sites More sharing options...
dave.j Posted September 10, 2015 Share Posted September 10, 2015 It reads to me like Sir Craigy is putting in a claim as a shareholder in the company RFC2012 PLC. Is he not claiming against BDO for the value of the assets? Meaning BDO are duty bound to pursue ownership of the assets on behalf of RFC2012 PLC? Yeah, would seem so.... which is nice. 0 Quote Link to comment Share on other sites More sharing options...
PudgieTheSheep Posted September 10, 2015 Share Posted September 10, 2015 With a current market value of around £25 million, Worthington is worth around £10 million more than Rangers, who are struggling to raise the money to pay their bills. The Worthington Group did not return calls on Monday, but appear as if they are not walking away. 0 Quote Link to comment Share on other sites More sharing options...
Ranaldo Bairn Posted September 10, 2015 Share Posted September 10, 2015 Aww, bless them, they do try ever so hard. Even in a press release celebrating the canning of the bloater, they have to remind kid everyone that it's the same club, by printing this guff: "When the club's holding company entered administration and then liquidation, Ally stepped forward and became a figurehead in the struggle to keep the club alive." 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted September 10, 2015 Share Posted September 10, 2015 Hands up all those who believe that a club's existence is inextricably linked to its company registration? 0 Quote Link to comment Share on other sites More sharing options...
Ken Fitlike Posted September 10, 2015 Share Posted September 10, 2015 Aww, bless them, they do try ever so hard. Even in a press release celebrating the canning of the bloater, they have to remind kid everyone that it's the same club, by printing this guff: "When the club's holding company entered administration and then liquidation, Ally stepped forward and became a figurehead in the struggle to keep the club alive." Seriously? What an insecure and fragile bunch they are. 0 Quote Link to comment Share on other sites More sharing options...
strichener Posted September 10, 2015 Share Posted September 10, 2015 (edited) Hands up all those who believe that a club's existence is inextricably linked to its company registration? hmmm. I am not sure the implication of the question. "its company" would indicate that the club owns the company. Edited September 10, 2015 by strichener 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted September 10, 2015 Share Posted September 10, 2015 (edited) hmmm. I am not sure the implication of the question. "its company" would indicate that the club owns the company. Go out on a limb, Strychnine. Say that a football club's existence is coterminous with its company registration number. This is the 'mood' of the Ps&Ds after all. Edited September 10, 2015 by The_Kincardine 0 Quote Link to comment Share on other sites More sharing options...
Ranaldo Bairn Posted September 10, 2015 Share Posted September 10, 2015 Looks like the BBC have finally stopped listening to Gollum and Wee Jum http://www.bbc.co.uk/sport/0/football/34211117 'After agreement could not be reached with creditors, the company moved into liquidation while the club moved into new ownership and were subsequently placed in the Scottish Third Division - the league's lowest tier - at the start of season 2012-13.' Ally is off the wage budget too The BBC have been among your biggest allies in this whole farrago. 0 Quote Link to comment Share on other sites More sharing options...
strichener Posted September 10, 2015 Share Posted September 10, 2015 Go out on a limb, Strychnine. Say that a football club's existence is coterminous with its company registration number. This is the 'mood' of the Ps&Ds after all. Sorry, I cannot agree. RIFC or RFC Ltd could stop funding football at any time and still continue to exist. However the same cannot be said for the club. 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted September 10, 2015 Share Posted September 10, 2015 (edited) Sorry, I cannot agree. RIFC or RFC Ltd could stop funding football at any time and still continue to exist. However the same cannot be said for the club. So is a club's existence coterminous with its company registration number? Yes or no will suffice. Edited September 10, 2015 by The_Kincardine 0 Quote Link to comment Share on other sites More sharing options...
strichener Posted September 10, 2015 Share Posted September 10, 2015 So is a club's existence coterminous with its company registration number? Yes or no will suffice. Do you know what "coterminous" actually means? I think my previous answer addresses your question sufficently. 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted September 10, 2015 Share Posted September 10, 2015 Rubbish, everyone knows Rangers were relegated down to the 3rd They weren't. 0 Quote Link to comment Share on other sites More sharing options...
accietilleyedye Posted September 10, 2015 Share Posted September 10, 2015 So is a club's existence coterminous with its company registration number? Yes or no will suffice. The hard bit is you bumping your gums about Company's House and then saying it has no meaning.. You are confusing me here (and probably yourself). I ask again, "May I then infer that a club's existence is coterminous with its registration with Companies House?" 2 years later still beating the same drum what a diddy 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted September 10, 2015 Share Posted September 10, 2015 Do you know what "coterminous" actually means? I think my previous answer addresses your question sufficently. You are doing the usual diddy deflection. I'll ask you again. Is a club's existence coterminous with its company registration number? It isn't that hard a question. 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted September 10, 2015 Share Posted September 10, 2015 2 years later still beating the same drum what a diddy Your post would have more weight if you kent how to use the quote function. Anyway, have a go, Acne: Is a club's existence coterminous with its company registration number? 0 Quote Link to comment Share on other sites More sharing options...
stonedsailor Posted September 10, 2015 Share Posted September 10, 2015 You are doing the usual diddy deflection. I'll ask you again. Is a club's existence coterminous with its company registration number? It isn't that hard a question. Is an association football club's existence coterminous with it's membership of an association? 0 Quote Link to comment Share on other sites More sharing options...
The_Kincardine Posted September 10, 2015 Share Posted September 10, 2015 Is an association football club's existence coterminous with it's membership of an association? Aside from your apostrophe abuse that's an equally valid Q. 0 Quote Link to comment Share on other sites More sharing options...
accietilleyedye Posted September 10, 2015 Share Posted September 10, 2015 Your post would have more weight if you kent how to use the quote function. Anyway, have a go, Acne: Is a club's existence coterminous with its company registration number? If you don't know after 2 years, how is my opinion on the matter going to persuade you 0 Quote Link to comment Share on other sites More sharing options...
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